BLOMINVEST BANK and AUB, together for the 7th Virtual Stock Exchange Competition

For the seventh consecutive year, BLOMINVEST BANK sponsored the American University of Beirut (AUB) Virtual Stock Exchange competition. Organized by AUB’s Business Student Society and in collaboration with BLOMINVEST BANK, the initiative falls under the bank’s CSR mission to disseminate trading knowledge among university students. The competition aims at highlighting the importance of financial markets by raising awareness among students and developing their financial trading skills for a possible future career in finance.

For three months, students from across AUB took part in a simulated Stock Exchange competition where they managed portfolios and competed against each other.

The first three winners, Messrs. Ahmad Jarrar, Hrag Bedoyan, and Georges Debbane, were chosen by a joint panel from AUB’s Olayan Business School represented by Dr. Georges Namur and BLOMINVEST BANK executives headed by Dr. Fadi Osseiran. The criteria for judging involved the strategy used, the portfolio’s return and the presentation method.

The winners received prizes valued up to $5,000 in terms of BLOM prepaid cards as well as the opportunity to pursue an internship at BLOMINVEST BANK.